Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Property, Services and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 1.12% to hit a new 6-months high.
The best performers of the session on the PSEi Composite were Bloomberry Resorts Corp (PS:BLOOM), which rose 7.32% or 0.320 points to trade at 4.690 at the close. Meanwhile, Ayala Land Inc (PS:ALI) added 3.84% or 1.400 points to end at 37.900 and Megaworld Corp (PS:MEG) was up 3.17% or 0.140 points to 4.550 in late trade.
The worst performers of the session were Alliance Global Group Inc (PS:AGI), which fell 1.66% or 0.260 points to trade at 15.420 at the close. Manila Electric Co (PS:MER) declined 1.27% or 4.000 points to end at 312.000 and DMCI Holdings Inc (PS:DMC) was down 0.94% or 0.120 points to 12.640.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 99 to 79 and 46 ended unchanged.
Gold for August delivery was up 0.10% or 1.25 to $1244.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 1.17% or 0.57 to hit $49.19 a barrel, while the August Brent oil contract rose 1.13% or 0.56 to trade at $50.20 a barrel.
CNY/PHP was down 0.11% to 7.0418, while USD/PHP fell 0.06% to 46.235.
The US Dollar Index was up 0.16% at 94.05.